Nuffnang

Friday, November 30, 2007

The top gainer was 'Tiger Chan', age 57, Remiser with total value of RM1,107,600.74. 2nd top player also achieved RM 1,032,293.90. They make 4 folds from starting capital RM250,000. Well done. Congratulation!

There are total 43,092 people were register the game. There are 28% players are not active. The statistic below is ignored the non-active player.

There are 23% players were recorded gain (>RM250,000) at end of game. Only 0.66% players can make more than RM500,000. Then 2.44% players recorded 20% gain, 20% player gain less than 20%.

However, total 77% players were losing their investment. there were 20% player lost more than 20% of their capital.

(if you interest the full data, pls drop me a message. I will send you the data.)

Thursday, November 15, 2007

East Asian economies are likely to remain robust in 2008 despite growing concerns about the U.S. sub-prime crisis and increasing global oil prices, says the World Bank’s latest East Asia & Pacific Update.

The Update – a six-monthly report on the region’s economic and social health – finds that growth in emerging East Asia1 is expected to exceed 8 percent in 2007 for a second year in a row and to moderate only slightly in 2008. Although East Asian exports to the US have already slowed, more buoyant investment and consumption in China and other countries have allowed growth to remain strong and even pick up this year.

China is expected to grow by 11.3 percent in 2007 and that is expected to slow only modestly to 10.8 percent in 2008. The stronger growth dynamic extends to middle-income economies in South East Asia and continues to run at solid 7 percent to 10 percent rates in low-income economies of the region including Cambodia, Lao PDR, Mongolia and Vietnam. Growth is also running at above historical trends in some of the small Pacific Island economies due to high commodity prices although social tensions and political instability continue to undermine performance in some of these countries.

Sunday, November 11, 2007

The government-run oil company Petroleo Brasileiro SA, or Petrobras, said the new "ultra-deep" Tupi field could hold as much as 8 billion barrels of recoverable light crude, sending Petrobras shares soaring and prompting predictions that Brazil could join the world's "top 10" oil producers.

Petrobras President Sergio Gabrielli said Thursday the oil from ultradeep areas, including the Tupi field, would give Brazil the world's eighth-largest oil and gas reserves.

Petrobras says the Tupi field, off Brazil's southeastern Atlantic coast, has between 5 billion and 8 billion barrels -- equivalent to 40 percent of all the oil ever discovered in Brazil.

Brazil's total oil reserves currently rank 17th in the world, with 14.4 billion barrels of oil equivalent, Gabrielli said.

Thursday's news of the discovery rocked a country that became a net oil exporter only last year but must still import light crude oil for the refined products it needs. Brazil produces -- and exports -- mostly heavy crude oil, which has to be mixed with the light oil in refineries.

Petrobras' American depository shares jumped $24.03 to $116.77 on the New York Stock Exchange to close at a 52-week high. In Brazil, Petrobras shares ended 14.1 percent higher Thursday at 80.17 reals ($45.94) in Sao Paulo.

The Tupi field lies under 2,140 meters (7,060 feet) of water, more than 3,000 meters (almost 10,000 feet) of sand and rocks, and then another 2,000-meter (6,600-foot) thick layer of salt. The company drilled test wells that lie under 2,166 meters (7,100 feet) of water, 286 kilometers (177 miles) south of Rio de Janeiro.